SK Hynix, 4.215544 Million Shares Sold Net by Individuals Over Last 5 Days... Stock Price 77,800 KRW (-1.64%)

As of 9:30 AM on the 28th, SK Hynix is trading at 77,800 KRW, down 1.64% from the previous day. The trading volume is 598,874 shares, which is about 14.45% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On August 27, researcher Eo Gyu-jin from DB Financial Investment stated, "The recovery in mobile demand in the second half of the year is not fully compensating for the decline in server demand. Additionally, the resurgence of COVID-19 negatively impacts global IT demand. Therefore, the timing for memory shipments and price rebounds is expected to be delayed until the second quarter of 2021. On the other hand, after a temporary adjustment period, the memory market is expected to gradually improve due to strong demand driven by the 2021 base effect and supply growth restrictions. In other words, short-term concerns due to ongoing COVID-19 issues remain, but the medium- to long-term improvement trend in the memory market is valid." He set SK Hynix's target price at 110,000 KRW.

Over the past five days, individual investors have net sold 4,215,544 shares of SK Hynix, while foreigners and institutions have net bought 2,698,665 shares and 1,514,104 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.